As per the newest market research study by Technavio, the global meat grinder and mincer market is expected to grow at a CAGR of more than 7% during the forecast period 2017 to 2021.
This report by Technavio offers a detailed analysis of the global meat grinder and mincer market in terms of revenue and developing market trends. The study also includes industry analysis and forecasts for several market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user
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The top three revenue contributing end-user segments are discussed below:
Supermarkets and supercenters: The availability of various products under one roof is driving the growth of this market segment. The consumers find supermarkets and supercenters the most convenient place to purchase processed meat. Moreover, the meat grinder and mincer vendors are focusing largely on this end-user segment to provide better meat grinding and mincing solutions to increase their revenues. In 2015, supermarkets like Woolworths, ALDI, and Coles, accounted for close to 65% share of the total fresh meat sold in Australia.
“The growth in organized retail and massive expansion of supermarkets worldwide will drive the growth of this market segment. These expansion activities will augment the sales of new units of the meat grinder and mincer across the globe. The growing consumer preference for convenient food preparation options is allowing supermarkets offer freshly processed meat to attract more consumers,” says Manu Gupta, a lead analyst at Technavio.
Butcher shops and slaughterhouses: The availability of meat grinders and mincers with high capacities to enable high volume production is driving the growth of these products in this market segment. The manufacturers are specifically designing slicers that meet the requirements of butcher shops and slaughterhouses. For instance, Wedderburn is one of the key vendors supplying meat grinders and mincers, and it provides high output, which is more than 3,500 pounds per hour.
Restaurants and hotels: The growing number of restaurants and hotels around the world provides new opportunities to the vendors in the meat grinder and mincer market. This segment includes products for fine dine restaurants, including pizzerias, bakeries, and steak houses, independent QSR restaurants, and cafés. These food joints use these machines to prepare processed meat that includes hamburger steaks, sausages, meatballs, and pâté.
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The top vendors operating in the global meat grinder and mincer market are:
- BIRO Manufacturing Company
- Butcher Boy Machines Interntional
- Hobart
- Sirman
- Paul KOBE
The other major vendors in the market include Avantco Equipment, Bizerba, Braher Internacional, Globe Food Equipment, KitchenWare Station, Minerva Omega Group, Sammic, The Vollrath Company, Torrey, and Wedderburn.
A more detailed analysis is available in the Technavio report titled, ‘Global Meat Grinder and Mincer Market 2017-2021’. Technavio also customizes reports by other regions and specific sectors upon request.
Other related reports:
- Global Meat and Poultry Processing Equipment Market 2017-2021
- Global Cold Cuts Market 2017-2021
- Processed Meat Market in the US 2016-2020
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